Wednesday, June 12, 2024

Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

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It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in […]

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Germany’s Black Semiconductor raises $273M for graphene-based chip tech

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Tech sovereignty has become a looming priority for a number of nations these days, and now a startup working in semiconductors has received a major boost in aid of that effort for Germany and Europe.   Black Semiconductor, which is developing a new kind of chip-connecting technology based on graphene, has raised €254.4 million (around $273 […]

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Tuesday, June 11, 2024

Apex’s off-the-shelf satellite bus business attracts $95M in new funding

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Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.  The Los Angeles-based startup successfully launched and commissioned its first spacecraft, a model called Aries, in March. That mission has gone off seemingly without a hitch — a rarity in the space industry […]

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Apple Watch is finally adding a feature I’ve been requesting for years

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The ability to pause your activity rings is a minor feature update for most, but for those of us who obsess about such things to an unhealthy degree, it’s the best Apple Watch update in years.

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Linq raises $6.6M to use AI to make research easier for financial analysts

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When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding up the data-gathering and research process. Speed, after all, is vital when you’re advising investors who need to respond quickly to market changes. Now a […]

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Biden administration looks to give Rocket Lab $24M to boost space-grade solar cell production

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In addition to the federal funding, the state of New Mexico — where SolAero is based — committed to providing financing and incentives that value $25.5 million.

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Raspberry Pi is now a public company as its shares pop after IPO pricing

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Who would have thought that Raspberry Pi, the maker of cheap, single-board computers, would become a public company? And yet, this is exactly what’s happening this week as Raspberry Pi priced its IPO this morning at £2.80 per share, which values the company at £542 million, or $690 million at today’s exchange rate. Shortly after […]

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